Complaint / Review
GE Capital Con Cardco
Interest Charged on Full $5000 After $500 Remained Unpaid Ten Days

$4500 paid in full before due date, remaining $500 paid within 10 days of same date. Interest added in following month based on entire $5000. Incredible! Very deceitful, unusual, and unconscionable practice if in fact legal. The net result is nearly $600 interest on a $500 balance. The company's response has been, "Yes, this is how we do it." What do you think? Peter Fayetteville, New York
U.S.A.